Financial Connections Group Inc. Purchases 24,290 Shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)

Financial Connections Group Inc. grew its position in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 44.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,304 shares of the company’s stock after purchasing an additional 24,290 shares during the quarter. T. Rowe Price Dividend Growth ETF comprises approximately 3.3% of Financial Connections Group Inc.’s investment portfolio, making the stock its 9th biggest position. Financial Connections Group Inc. owned about 0.73% of T. Rowe Price Dividend Growth ETF worth $3,014,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TDVG. First Pacific Financial boosted its stake in shares of T. Rowe Price Dividend Growth ETF by 280.4% in the first quarter. First Pacific Financial now owns 795 shares of the company’s stock valued at $30,000 after buying an additional 586 shares during the period. Centerpoint Advisors LLC bought a new stake in shares of T. Rowe Price Dividend Growth ETF in the first quarter valued at approximately $54,000. Adirondack Trust Co. boosted its stake in shares of T. Rowe Price Dividend Growth ETF by 22.6% in the fourth quarter. Adirondack Trust Co. now owns 4,037 shares of the company’s stock valued at $150,000 after buying an additional 744 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of T. Rowe Price Dividend Growth ETF by 8.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 6,685 shares of the company’s stock valued at $236,000 after buying an additional 505 shares during the period. Finally, Principal Securities Inc. bought a new stake in shares of T. Rowe Price Dividend Growth ETF in the fourth quarter valued at approximately $254,000.

T. Rowe Price Dividend Growth ETF Stock Performance

Shares of TDVG stock traded up $0.04 during trading on Thursday, hitting $39.12. The company had a trading volume of 33,281 shares, compared to its average volume of 83,891. The firm has a market capitalization of $422.44 million, a P/E ratio of 23.97 and a beta of 0.74. The stock’s 50-day moving average price is $38.30 and its 200 day moving average price is $37.11. T. Rowe Price Dividend Growth ETF has a one year low of $30.97 and a one year high of $39.21.

T. Rowe Price Dividend Growth ETF Profile

The T. Rowe Price Dividend Growth ETF (TDVG) is an exchange-traded fund that is based on the Russell 1000 Dividend Growth index. The ETF currently has 298.89m in AUM and 103 holdings. TDVG is an actively-managed, non-transparent fund of global, large- and mid-cap companies with sustainable, above-average growth in earnings and dividends TDVG was launched on Aug 4, 2020 and is managed by T.